Tax revenue (current LCU) in Mexico
Mexico: Tax revenue (current LCU) was 4.97 trillion current LCU in 2024. ◆ Volatile
Latest (2024)
4.97 trillion current LCU
Change on year
up 9.6%
World rank
28th
of 157 countries
All-time high
4.97 trillion current LCU
in 2024
All-time low
43.00 million current LCU
in 1972
Years of data
46
1972–2024
Tax revenue in Mexico, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, tax revenue in Mexico stood at 4.97 trillion current LCU. That is the highest value across all 46 years on record.
The figure is up 9.6% on the previous year and up 167.4% over ten years.
Over the whole period, tax revenue in Mexico peaked at 4.97 trillion current LCU in 2024 and was at its lowest, 43.00 million current LCU, in 1972.
That places Mexico 28th out of 157 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Tax revenue (current LCU) in Mexico, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 43.00 million current LCU | — |
| 1973 | 49.00 million current LCU | +14.0% |
| 1974 | 72.00 million current LCU | +46.9% |
| 1975 | 101.00 million current LCU | +40.3% |
| 1976 | 124.00 million current LCU | +22.8% |
| 1977 | 184.00 million current LCU | +48.4% |
| 1978 | 251.00 million current LCU | +36.4% |
| 1979 | 348.00 million current LCU | +38.6% |
| 1980 | 539.00 million current LCU | +54.9% |
| 1981 | 682.00 million current LCU | +26.5% |
| 1982 | 1.17 billion current LCU | +71.3% |
| 1983 | 2.44 billion current LCU | +108.7% |
| 1984 | 3.90 billion current LCU | +60.1% |
| 1985 | 6.17 billion current LCU | +58.2% |
| 1986 | 9.77 billion current LCU | +58.2% |
| 1987 | 25.92 billion current LCU | +165.4% |
| 1988 | 47.11 billion current LCU | +81.7% |
| 1989 | 66.16 billion current LCU | +40.4% |
| 1990 | 87.06 billion current LCU | +31.6% |
| 1991 | 109.59 billion current LCU | +25.9% |
| 1992 | 130.40 billion current LCU | +19.0% |
| 1993 | 141.51 billion current LCU | +8.5% |
| 1994 | 151.28 billion current LCU | +6.9% |
| 1995 | 196.00 billion current LCU | +29.6% |
| 1996 | 273.06 billion current LCU | +39.3% |
| 1997 | 356.14 billion current LCU | +30.4% |
| 1998 | 392.30 billion current LCU | +10.2% |
| 1999 | 493.98 billion current LCU | +25.9% |
| 2000 | 640.78 billion current LCU | +29.7% |
| 2008 | 1.24 trillion current LCU | +93.3% |
| 2009 | 1.18 trillion current LCU | -4.9% |
| 2010 | 1.35 trillion current LCU | +14.8% |
| 2011 | 1.47 trillion current LCU | +8.7% |
| 2012 | 1.55 trillion current LCU | +5.3% |
| 2013 | 1.68 trillion current LCU | +8.4% |
| 2014 | 1.86 trillion current LCU | +10.9% |
| 2015 | 2.37 trillion current LCU | +27.8% |
| 2016 | 2.72 trillion current LCU | +14.8% |
| 2017 | 2.86 trillion current LCU | +5.0% |
| 2018 | 3.07 trillion current LCU | +7.5% |
| 2019 | 3.21 trillion current LCU | +4.5% |
| 2020 | 3.35 trillion current LCU | +4.2% |
| 2021 | 3.58 trillion current LCU | +6.9% |
| 2022 | 3.96 trillion current LCU | +10.6% |
| 2023 | 4.53 trillion current LCU | +14.5% |
| 2024 | 4.97 trillion current LCU | +9.6% |
Mexico compared with similar countries
- Mexico's 4.97 trillion current LCU is above the median for upper middle income countries, which is 346.89 billion current LCU, 14.3× the median. (48 countries reporting)
- Mexico's 4.97 trillion current LCU is above the median for Latin America & Caribbean, which is 102.16 billion current LCU, 48.6× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 146.50 million current LCU | 43.00 million current LCU | 348.00 million current LCU | 8 |
| 1980s | 16.39 billion current LCU | 539.00 million current LCU | 66.16 billion current LCU | 10 |
| 1990s | 233.13 billion current LCU | 87.06 billion current LCU | 493.98 billion current LCU | 10 |
| 2000s | 1.02 trillion current LCU | 640.78 billion current LCU | 1.24 trillion current LCU | 3 |
| 2010s | 2.21 trillion current LCU | 1.35 trillion current LCU | 3.21 trillion current LCU | 10 |
| 2020s | 4.08 trillion current LCU | 3.35 trillion current LCU | 4.97 trillion current LCU | 5 |
Countries ranked near Mexico
- 25 Myanmar 6.78 trillion current LCU compare
- 26 Costa Rica 6.71 trillion current LCU compare
- 27 Cote d'Ivoire 6.39 trillion current LCU compare
- 29 Philippines 3.80 trillion current LCU compare
- 30 Iraq 3.71 trillion current LCU compare
- 31 Senegal 3.64 trillion current LCU compare
More public sector data for Mexico
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 6 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is tax revenue in Mexico?
- Tax revenue in Mexico was 4.97 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Mexico?
- The highest recorded value was 4.97 trillion current LCU in 2024.
- What is the lowest tax revenue recorded in Mexico?
- The lowest recorded value was 43.00 million current LCU in 1972.
- How does Mexico rank for tax revenue?
- Mexico ranks 28th out of 157 countries with data for 2024.
- Is tax revenue rising or falling in Mexico?
- Over the last ten years it is up 167.4%. The long-run trend across the full record is volatile.
- Where does this Mexico data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Tax revenue (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 46 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.